Thriving Oakham Rutland Beauty Salon in Historic Building for Sale
Oakham, Rutland
- Status
FOR SALE
- Date Submitted:
04/09/22
- Advert ID
499604
- Leasehold: £59,995 (Stock at valuation)
- Rent: £9,240
- Turnover: £150,000 (£2,885 Per week)
- Net Profit: £35,000 (24% Profit margin)
Key Features
- Close to Local Amenities
- Prime Location
- Town Centre location
- Attractive Business
- Fully Fitted
- Accounts Available
- Established Business
- Adjacent to Multiple Retailers
- High Turnover
- Company for Sale
Business Details
Highly Successful Leasehold Beauty Salon in Oakham Rutland
Over the last three years, we have expanded and now occupy a beautiful, historic building in Oakham, Rutland. In a prominent position on the high street, we transformed three treatment rooms, a dedicated lounge/pedicure area, a stunning nail bar and a multi-purpose shop where we proudly display and sell products by local individuals.
We employ five members of staff, have two self-employed specialists, as owners, we don't work in the salon. So a buyer could either work in the salon (there is so much space to grow) or could work OUT of the salon.
We have a salon manager who, with our awesome staff looks after our client list of over 2,000 incredible ladies (this doubled in 12 months!) We are a child-friendly salon with our branded sweetie bags to keep those little ones entertained. As well as special ‘princess pamper’ treatments to make those little ones feel special.
On top of all that (yes there’s more!) We have developed our range of vegan and cruelty-free products - we have a range of face care products, candles and diffusers, cuticle oil and moisturiser. We are so proud to say that most of our products are firm favourites with our client base and beyond and ALL of our products are used in our treatments at the salon. All of our stock, formulations and accounts are included in the sale of the business.
Our Paint Promise…
What is it we hear you ask? Well, our Paint Promise can be broken down into our core company values:
- Resilience
- Spirit
- Empathy
- Openness
- New-age (embracing change, growth, development -always harnessing that which will make us stronger and better)
We promise every client (or client-to-be) who comes through our doors that they will always be greeted with openness, welcome and a smile. That we believe all clients are equal and deserve to be treated as such. That we do not judge, we do not gossip and we do not enable toxic conversations. We believe that we have a duty to our community to improve it and to give back and we endeavour to do that every day.
We have formal systems and processes in place for the smooth running of the salon. With an incredible accountancy firm, HR firm and Health & Safety company supporting the business day to day. We have a tried and tested onboarding process, every member of staff receives our Paint Bible to ensure they are a success in their role.
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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
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Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
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Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
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Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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